For years, Michael Saylor’s Strategy built its brand around a simple mantra: Buy Bitcoin. Never sell. This week, that narrative changed. The company authorized up to $1.25 billion in Bitcoin…
Strategys
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Strategy’s importance to Bitcoin is likely to diminish next cycle as institutional investors emerge as the market’s dominant buyers. Michael Saylor’s Strategy has long served as the dominant corporate…
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Brad Garlinghouse was the latest to comment on the hot topic of Strategy, its Stretch stocks, and the impact on the overall crypto market. Michael Saylor and Strategy weren’t…
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Crypto Currency
Strategy’s STRC hits record trading volume after massive $1B Bitcoin purchase as market cap doubles since Friday
Make CryptoSlate preferred on Strategy’s perpetual preferred stock, STRC, played a key role in the company’s Bitcoin strategy this week after it saw more than $1.1 billion in daily trading volume. In…
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Strategy gets to stay in MSCI indexes for now — though the index provider says it will launch a more general review of whether investment-oriented companies can keep their spots.
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Key takeaways Strategy is the largest corporate Bitcoin holder, with roughly 650,000 BTC on its balance sheet. The company’s model hinges on raising capital and converting it into BTC while…
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Strategy’s stock is sinking as bitcoin falls, but Wall Street doesn’t believe it’s a big problem for the broader stock market.
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Key Takeaways: Arkham Intelligence has traced 580,000+ BTC (~$59.92B) to Strategy, covering 97% of the company’s total Bitcoin stash. 53,833 BTC ($5.75B) of previously unidentified holdings were revealed, making Arkham…
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Key Takeaways Bitcoin bull Saylor just hinted at Strategy’s new Bitcoin acquisition. The company plans a $2 billion convertible note offering for Bitcoin acquisitions. Share this article Following a brief…
